Below are some of the highlights from the press release you can read in it’s entirety at the link at the bottom of the post. Profits were up from last year which came in at $1.58 Billion and basically people were not going to the doctor was one of the reasons cited for additional income this year...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Thu, Jan 20 2011
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Filed under: Medically Related, Insurance, My Commentaries, drugs, Medical Devices, FDA, Heatlhcare, China, Profits, Mergers and Acquisitions, Ingenix, i3, revenue, ChinaGate, itedHealthcare
NovoLog users can avoid a price spike by switching to another insulin, Humalog per United Healthcare and this is all a shake up of a bidding/contract situation, so who ever comes in at the lower bid moves to the cheap spot at tier 1 and the other ends up at the top level at tier 3, but no tier 2 in the...
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The Medical Quack
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Mon, Dec 6 2010
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Filed under: Medically Related, Pharma/FDA News, drugs, Medical Devices, FDA, Diabetes, insulin, Heatlhcare, China, UnitedHealthcare, Mergers and Acquisitions, Ingenix, Formularies, tiers, i3, ChinaGate
This is a pretty scary statement to all of us living in the US, although this has been in the news for years and this is especially crucial in healthcare, where we can’t seem to get our act together here in the US. While there are almost more speaking English in China than in the US, this kind...
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Thu, Nov 11 2010
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Filed under: Medically Related, Other Items of Interest, drugs, Medical Devices, FDA, Heatlhcare, China, UnitedHealthcare, Mergers and Acquisitions, Ingenix, i3, ChinaGate
Normally we go and see all the new electronics coming out and this year we have seen a huge blast of new devices in healthcare that not only are for consumers and their own use, but they also are now working with medical records systems that record and report data. This is the changing face of...
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Fri, Oct 29 2010
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Filed under: Medically Related, Technology, Pharma/FDA News, Other Items of Interest, drugs, Medical Devices, FDA, Heatlhcare, China, UnitedHealthcare, Mergers and Acquisitions, Ingenix, i3, CES, devcies that report data, ChinaGate, healthh insurance
I3 customers will be given expertise in over seeing clinical trials licenses, etc. and assistance getting through regulatory processes, like the FDA. ChinaGate is located in Shanghai, China . United has been very outspoken on keeping cost down so this appears to be an acquisition not only for facilitating...
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The Medical Quack
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Thu, May 20 2010
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Filed under: Medically Related, Technology, Insurance, drugs, Medical Devices, FDA, Heatlhcare, China, UnitedHealthcare, Mergers and Acquisitions, Ingenix, i3, ChinaGate